October 27, 2020 – Coquitlam, BC – Greenbriar Capital Corp. (“Greenbriar”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 500,000 units (the “Units”) at a price of $1.50 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share and one share purchase warrant. Each share purchase warrant (a “Warrant”) entitles the holder to acquire one additional common share in the capital of Greenbriar at a price of $1.75 per common share for a period of two years. The proceeds will be used for general working capital. The private placement is subject to final approval of the TSX Venture Exchange.

In addition, Greenbriar announces the granting of 50,000 share purchase options at $1.50 per share for a period of two years to a consultant of the company.

About Greenbriar Capital Corp:

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS

“Jeff Ciachurski”

Jeffrey J. Ciachurski
Chief Executive Officer and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.